So, you want to expatriate - what should you do?. 21 January 2021
- Alan Winston Granwell, Of Counsel, Holland & Knight LLP, Washington, DC
- Roy A. Berg, Roy Berg International Tax Law, Calgary, Canada
- Sarah M.M. Duckham, Shareholder, Trow & Rahal, PC, Bethesda, MD
- W. Aaron Hawthorne, Principal, RSM US LLP, Dallas, Texas
- Michael G. Pfeifer, Of Counsel, Day Pitney LLP, Washington, DC
Expatriation has increased significantly in 2020. The latest U.S. Department of the Treasury Report reflects that a record 6,047 individuals expatriated during the first three quarters of 2020. Why are so many individuals expatriating? Is it because we live in chaotic times?
The Webinar will cover:
- U.S. Immigration Law Aspects of Terminating U.S. Citizenship
- U.S. Tax Law Aspects of Terminating U.S. Citizenship
- Application of U.S. Tax Expatriation Provisions to “Green Card” Holders
- Expatriation Tax Compliance
- Planning Ideas
Roy A. Berg is an international tax lawyer with more than 26 years’ experience in IRS tax controversy, cross-border planning and finance. He focuses his practice on cross-border tax and estate planning, renouncing U.S. citizenship and U.S. and Canadian/U.S. tax issues. He is a fellow of the American College of Trust and Estate Counsel (ACTEC), a member of STEP (Canada and U.S.), and the American Bar Association.
Sarah M.M. Duckham has been practicing U.S. immigration law since 2000, including a niche practice area focusing on citizenship matters. She works with high net worth clients and their professional advisers in integrating immigration planning with tax planning. To that end, she counsels individuals in the renunciation and relinquishment of U.S. citizenship, surrendering U.S. green cards, and advising on visa options to return to the United States after loss of U.S. citizenship or green card status. Sarah also works with employers to obtain temporary work visas and green cards for its foreign workforce in the area of business immigration.
Alan Winston Granwell is a tax lawyer with nearly 50 years of experience in the area of international taxation. He advises private clients and corporate clients on cross-border planning, controversy and compliance and is a former International Tax Counsel and Director, Office of International Tax Affairs, U.S. Treasury Department. He is a fellow of the American College of Tax Counsel, the former Chair of the STEP Mid Atlantic Branch and the current Webinar "Czar" of STEP USA.
W. Aaron Hawthorne is an advisor to successful individuals and families, and the businesses they own. He is a Principal with RSM who leads the Dallas private client services practice and the Houston international private client services practice. He brings more than 23 years of professional experience in the private client services area of tax, focusing on family offices, international wealth, and integrating planning with the clients’ business and goals for the client and the entire family. He believes it is critically important that tax planning is integrated with holistic multi-disciplinary planning lead exclusively by the client’s goals. Holistic planning is key to successful multi-generational planning to protect, grow, and use wealth.
Michael G. Pfeifer counsels high net wealth individuals and families, including entertainers and athletes, on international tax issues, planning for pre-immigration and expatriation, and structuring cross-border investments. He also handles estate planning matters, including the use of domestic and foreign trusts, and tax controversy matters, including voluntary disclosure proceedings.
A former Special Assistant to the Internal Revenue Service (IRS) Associate Chief Counsel-International, he was a principal architect of the 1996 foreign trust tax rules and the Clinton Administration’s expatriation tax proposal.